The Chief Financial Officer of Anglo American plc‘s Metallurgical Coal business, Brent Waldron, on Sept. 18 presented British Columbia Minister of Forests, Lands and Natural Resource Operations Steve Thomson with a C$2.566m check.
Anglo American is developing a coal mine extension project in the Canadian province and the money is for the government of British Columbia’s Peace Northern Caribou Plan. This is the largest funding contribution made by a mining company for caribou mitigation measures under the Peace Northern Caribou Plan.
“This contribution comes as part of Anglo American’s Trend-Roman project, an open cut expansion for the Peace River operation near Tumbler Ridge in north-east British Columbia and represents the company’s commitment to maintaining the highest standards of environmental protection,” Waldron said.
The CEO of Anglo American’s Metallurgical Coal business, Seamus French, said the donation demonstrated the high importance Anglo American has given to the Peace Northern Caribou Plan.
“We understand and respect the caribou’s importance to First Nations and local communities, and we are proud to play a key role in this environmental management project through our unprecedented securement of 2,009 hectares of caribou habitat and a financial contribution of $2.566 million,” French said.
Anglo American also said it has exceeded the amount of tenure land it previously committed to protect caribou habitat, which is a first in the British Columbia mining industry.
“Significantly, we have set aside a total of 2,009 hectares of our tenure, which represents an area four times the size of the Trend-Roman project area,” French said. “Just as we have worked with our stakeholders to deliver world-class environmental management practices, in the months ahead our focus will be on developing the Trend-Roman project to deliver a solid business in Canada. The start of mining activities at Roman is an important next step in our plans to extend the life of our Peace River operations for another 16 years.”
Said the Anglo American website: “Peace River is a platform for growth in Canada, and the Roman expansion project in British Colombia offers a significant growth opportunity. It is located immediately south of the current Trend mine and will be an open pit mine producing between two and four million tonnes of metallurgical coal per annum with a life expectancy of about 16 years. The combined Trend and Roman operation will employ up to approximately 450 people full time. We will integrate the Trend and Roman mining operations and use as much of the existing infrastructure as possible. Additional plant capacity and mining equipment will be required in order to achieve and sustain full production. Construction is envisaged to commence in 2013, with production initiating in 2014.”
Anglo American, one of the world’s largest mining companies, is headquartered in the United Kingdom and listed on the London and Johannesburg stock exchanges.